About Our Initiative

IC3 is an initiative of faculty members at Cornell University, Cornell Tech, UC Berkeley, UIUC and the Technion. It's based at the Jacobs Technion-Cornell Institute at Cornell Tech in NYC.

Background and Objectives

Cryptocurrencies and smart contracts are emerging into a rich spectrum of new financial instruments and business tools, and blending finance with computer science in unprecedented ways. IC3 is collaborating with domain experts in finance and banking, entrepreneurs, regulators, and open source software communities to move these blockchain-based solutions from today’s white boards and proof-of-concepts to tomorrow’s fast and reliable financial systems of execution and record.

Skill Sets and Deliverables

IC3 uniquely meets the blockchain community's urgent need for world-class expertise in computer science that spans cryptography, distributed systems, programming languages, game theory, and system security techniques. IC3 applies this depth of expertise to deliver value on the two nested levels of science and code:


IC3 faculty are the recipients of a $3M 3-year National Science Foundation grant awarded in 2015. We invite partners in industry, law and commerce to sponsor and collaborate with us in our mission to deliver powerful, principled, and practical innovations. Please see our Partners page for how to get involved.


Expected outcomes of our work include new cryptocurrency and smart contract solutions that are easy to program and formally verifiable, with provable security properties that meet industry’s expectations for efficiency and reliability. These include financially enforceable cryptographic protocols whose security properties are backed by enforceable payments in case of a breach, as well as high-assurance, high performance systems for storing and handling high-value cryptocurrencies and confidential transactions. Please see our Projects page for more info.


For inquiries, please email the IC3 directors through ic3directors@systems.cs.cornell.edu.

IC3 Bitcoin address: 1C3rocKSh6sPPibn2jbMFBzcdvfGZySY6t